OYO Archives - TechStory

Oyo Set to Retract their IPO
“This isn’t the best of times for any IPO,” said Ashutosh Sharma, head of research, Forrester Research Inc.

Vishvas NarayanMay 24, 2022

Oyo Rooms has come out to say that the company will not be going public and will be postponing their initial public offering as of now, due to the slump in the ...

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Oyo Acquires Direct Booker for Rs. 40 Crores
The Croatia-based company is one of the top performing ‘Airbnb alternatives’ and runs a partner network of apartments and villas to handle bookings.

Vishvas NarayanMay 10, 2022

It has been a few quiet months for Oyo Rooms but now they are back in the headlines with a bang. The company came to announce that they have acquired Direct Boo...

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Valuation is temporary, values are constant: Oyo Founder Ritesh Agarwal
Agarwal said there would be not just 100 but 1,000 unicorns coming out of India in the future.

Vishvas NarayanMay 10, 2022

The people who run start-ups all across the world should always keep in mind that valuations go up and down, but the values on which the company is founded is t...

BusinessStartups

Viral Video Shows J&K Man Denied Room By Delhi Hotel. Police React
In the video, a woman staffer of the hotel can be seen not allowing him to check-in as he was from Jammu & Kashmir.

Ayush BansalMarch 25, 2022

Image: Google Play Amid the ongoing controversy over the movie 'The Kashmir Files', a Kashmiri man has been allegedly denied room by a hotel in De...

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OYO to Offer Free Accommodation to Ukraine refugees
They continue their streak of providing help to people!

Vishvas NarayanMarch 23, 2022

Indian based tech hospitality, start-up – Oyo, announced on Tuesday that they will provide free accommodation for anyone fleeing Ukraine. Initiating this effort...

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If Zostel wins the case, it will be entitled to 7% stake in OYO or equivalent amount

Srestha RoyMarch 19, 2022

If OYO loses the case against Zostel, the latter will be obligated to a 7% stake in the company or a settlement of an equivalent amount, according to the divisi...

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OYO Elevates Ankit Gupta As CEO – India Along With Elevations
Oyo rejigs top brass ahead of IPO, replaces CEO of India business

Ayush BansalMarch 18, 2022

Amid rumors that OYO may shelve its IPO plans, the hospitality service provider is making major managerial changes. Rohit Kapoor, the current CEO - India & ...

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Delhi High Court dismisses Zostel’s plea against IPO-bound OYO

BalrajFebruary 16, 2022

The Delhi High Court has refused to intervene in Oravel Stays' attempt to launch an initial public offering (IPO) and rejected a plea by Zostel Hospitality dema...

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Hospitality unicorn OYO gets in-principle listing approval from NSE, BSE

BalrajJanuary 26, 2022

OYO, the Gurugram based hospitality unicorn, has obtained in-principal approval from both BSE and NSE to list its Rs 8,430 crore (~$1.2 billion) IPO on the resp...

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OYO’s 500 employees and ex-staffers secured around 3 crore shares ahead of IPO

BalrajJanuary 4, 2022

Over 500 employees and former employees of the IPO-bound hospitality chain startup - OYO have exercised their stock options grants to buy around three crore sha...

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